Common use of Enforceability of Loan Documents Clause in Contracts

Enforceability of Loan Documents. Each of this Tenth Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

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Enforceability of Loan Documents. Each of this Tenth Amendment, the Financing Agreement, as amended herebyThis Seventh Amendment is, and each other Loan Document to which such Borrower any Loan Party is or will be a party is party, when delivered hereunder, will be, a legal, valid and binding obligation of such BorrowerPerson, enforceable against such Borrower Person in accordance with its terms, except as such enforceability may be limited by or subject to any 120535640v5 applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors' rights generallygenerally and by general principles of equity.

Appears in 1 contract

Samples: Financing Agreement (SMTC Corp)

Enforceability of Loan Documents. Each of this Tenth Eighth Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Enforceability of Loan Documents. Each of this Tenth Eleventh Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Amended and Restated Financing Agreement (Enherent Corp)

Enforceability of Loan Documents. Each of this Tenth Seventh Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Enforceability of Loan Documents. Each of this Tenth Amendment, the Financing AgreementNotes, as amended hereby, the Credit Agreement and each other Loan Document to which such the Borrower is a party party, as amended hereby, is a legal, valid and binding obligation of such the Borrower, enforceable against such the Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Whitehall Jewelers Holdings, Inc.)

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Enforceability of Loan Documents. Each of this Tenth Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such each A Borrower is a party is a legal, valid and binding obligation of such BorrowerPerson, enforceable against such Borrower Person in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors' rights generally.

Appears in 1 contract

Samples: Financing Agreement (Metallurg Inc)

Enforceability of Loan Documents. Each of this Tenth Twelfth Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

Enforceability of Loan Documents. Each of this Tenth Ninth Amendment, the Financing Agreement, as amended hereby, and each other Loan Document to which such Borrower is a party is a legal, valid and binding obligation of such Borrower, enforceable against such Borrower in accordance with its terms, except as such enforceability may be limited by or subject to any bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally.

Appears in 1 contract

Samples: Financing Agreement (Enherent Corp)

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